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Judge Extends Innkeepers' Chapter 11 Control
Judge Shelley C. Chapman of US Bankruptcy Court in Manhattan granted Innkeepers an extension until Nov. 10 to file a plan free from the threat of a rival proposal. Originally, Innkeepers was going to ask for an extension until Jan.
Updated: 09/14/2011 01:50P
House Probes Solyndra Loan
White House budget officials raised questions about whether they had "sufficient time" to evaluate a 2009 federal loan guarantee to Solyndra Inc., a solar panel maker that recently filed for bankruptcy protection,
Updated: 09/14/2011 01:47P
Central Falls police union, receiver report progress in talks
Both the Fraternal Order of Police Lodge #2 and receiver Robert G. Flanders Jr. filed a motion asking special Bankruptcy Judge Frank J. Bailey to give them until Oct. 31 to reach an agreement, or failing that, at least until Sept. 23.
Updated: 09/14/2011 01:44P
Raids and Raids
This certainly isn't good: Federal agents executed a surprise search warrant early Thursday morning at the California offices of Solyndra, a solar energy company that shuttered its offices last week and filed for bankruptcy, leaving taxpayers on the
Updated: 09/14/2011 01:35P
Don't Be Fooled By the Solyndra Bankruptcy Circus -- Solar Is Booming
I doubt the facts are going to matter much now that Republicans have latched onto the Solyndra solar “scandal,” and even if they did matter, I'd be the wrong guy to defend the Obama administration (and some
Updated: 09/14/2011 01:34P
Merkel seeks to calm markets on Greece
Merkel rejected the notion that a Greek bankruptcy, a possibility raised a day earlier by her deputy that spooked markets, would provide a quick solution to the eurozone debt crisis. She argued that Europe instead needs to stick to its efforts to cut
Updated: 09/14/2011 01:31P
Opinion: How Insider Trading Allegations Sank WaMu Deal
The shadowy market of distressed debt investing — trading in the bonds of troubled companies as they enter and exit Chapter 11 — has rarely, if ever, received the kind of public scrutiny it has been subjected to in the bankruptcy of Washington Mutual
Updated: 09/14/2011 01:30P
Former lawmaker James Gordon files for bankruptcy
25, along with his business, the Alabama Injury & Pain Clinic. The move follows what legal records show to be a mounting trail of financial distress for Gordon and his once-expansive chiropractic business. Among the troubles is a $1 million verdict
Updated: 09/14/2011 01:30P
Washington Mutual Chapter 11 Plan Rejected Again
A bankruptcy judge Tuesday rejected Washington Mutual Inc.'s (WAMUQ) Chapter 11 plan for a second time, finding the company was too generous with senior creditors. Judge Mary Walrath refused to
Updated: 09/14/2011 01:27P
Treasury Department's Watchdog Probes Federal Bank Role in Solyndra's Loan
GMT 2011 The US Treasury Department's inspector general is investigating the Federal Financing Bank's role in the $527 million federal loan guarantees to Solyndra LLC, a solar-panel manufacturer that filed for bankruptcy protection this month.
Updated: 09/14/2011 01:23P
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